EU Supply PLC Contract Win
14 May 2018 - 4:00PM
RNS Non-Regulatory
TIDMEUSP
EU Supply PLC
14 May 2018
RNS Reach
14 May 2018
EU Supply plc
("EU Supply", the "Company" or the "Group")
Contract Win
EU Supply (LSE AIM: EUSP), the e-procurement software provider,
is pleased to announce that it has signed a contract with Kommunal
Agentur NRW, a German central purchasing body supporting 398 local
authorities in the German State of Nordrhein-Westfalen. The
contract is for delivery of CTM(TM) as SaaS and related
services.
Henrik Dige Christensen, EU Supply's Country Manager in Denmark
and Germany commented: "I am pleased that our recent sales push in
Germany has already generated a new customer and continues to
produce interesting leads. The initial value of this contract is
relatively small, but there is potential for further growth."
FURTHER ENQUIRIES
EU Supply PLC Tel: 020 7127 4545
Thomas Beergrehn, CEO
Fredrik Wallmark, CFO
Stockdale Securities Tel: 020 7601 6100
Tom Griffiths, Ed Thomas
A copy of this announcement is available at
www.eu-supply.com.
Notes to Editors
EU Supply is the UK holding company of the EU Supply Group, a
Sweden-based e-commerce business, which has an established,
market-leading, multilingual e-procurement platform for esourcing,
e-tendering and contract management, tailored for the highly
regulated European public sector market.
Since 2006, the Group has invested heavily in employing
specialist programmers to add functionality, legal compliance as
required and security features to its Complete Tender
Management(TM) ("CTM(TM)") platform to ensure that the Group is
ideally placed to secure new contracts with EU Member States and
their Contracting Authorities. The platform is available in 16
different languages.
The Directors believe that the Group's CTM(TM) platform is one
of the easiest to use and most functionally advanced solutions
available in the market. The CTM(TM) platform is used by over 8,000
European public sector bodies in 9 EU/EEC Member States and has
National Procurement System status in four Member States (the UK,
Ireland, Norway and Lithuania).
The Company's shares were admitted to trading on AIM in November
2013. In August and September 2015, the Company raised a total of
GBP2.061m (before expenses) through a placing of new shares and the
issue of first and second tranches of Convertible Loan Notes to
institutional and other investors.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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